2935 9Th StSalina, KS 67401

Property Details for 2935 9Th St

Year built

1994

Construction

FRAME

Lot size

1.10 AC

Property size (Sq ft)

3,795 SF

Property type

Drive through restaurants

APN

087-36-0-30-12-004.00

APU

87360301200400

Description

This exceptional retail property, located at 2935 S 9th St in Salina, Kansas, presents a fantastic opportunity for a discerning business owner. The building, constructed in 2007, offers a total of 3,362 square feet, with 1,474 square feet currently available for lease. The property is categorized as a multi-tenant retail space, previously used as a restaurant, making it ideally suited for a similar establishment or a business requiring a high-visibility location. Situated in Saline County, Kansas, with a zip code of 67401, this property benefits from excellent accessibility and high traffic volume. The spacious layout provides ample room for both customer service and back-of-house operations. The existing infrastructure is well-maintained, minimizing upfront capital expenditures. This prime location in Salina offers a thriving market and significant potential for growth. The available space is ready for immediate occupancy, allowing for a swift and efficient business launch. Interested parties are encouraged to inquire further to explore this promising investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $964,094

  6.5%

  $889,933

  7%

  $826,367

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,150,668

  Geo Method

  $1,150,668

• Alternative Use

  Use

  Valuation

  Residential

  $750,692

  Hospitality

  $687,630

  Educational

  $572,100

  Medical

  $591,775

  Retail

  $889,933

Location Insight

City

Salina

County

Saline

State

Kansas

Latitude

38.7846

Longitude

-97.6119

CBSA code

41460

CBSA name

SALINA, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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